140 Racecourse Road N, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

140 Racecourse Road N
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 786m2
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Property Details for 140 Racecourse Rd N, Pakenham

140 Racecourse Rd N, Pakenham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 786m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1995
Floor Size
115m2
Land Size
786m2
Local Government
Cardinia
Lot/Plan
12/LP206679

Last Listing description (January 2026)

Introducing an affordable three-bedroom residence nestled on a generous 786m2 (approx.) allotment, presenting an excellent opportunity for investors or first home buyers seeking a property with great potential. While it may benefit from some cosmetic improvements, this property provides the perfect canvas for your creative vision and potential for second dwelling (subject to approval).

Discover the appealing features of this home, starting with the master bedroom boasting a walk-in robe and a convenient walk-through semi-ensuite bathroom. Adjacent to the bathroom, a separate powder room and toilet offer added functionality. The secondary bedrooms feature built-in robes, providing ample storage for your needs. The hostess kitchen and the L-shaped lounge and dining area create a comfortable living space, supported by a split system air conditioner and gas wall furnace for year-round comfort.

As you step outside, you'll find a spacious yard presenting a wealth of opportunities, limited only by your imagination. Additionally, a garden shed provides practical storage space for your outdoor essentials.

Perfectly located only a few minutes to train station, public transport and shops, this delightful three-bedroom residence, with its generous land size and a versatile layout, invites you to embark on a rewarding journey of transformation. Don't miss the chance to secure a GR8 home!

Currently tenanted on a fixed lease until October 2023 at $1,671 per month.

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*All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Property History for 140 Racecourse Rd N, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$615,000
28 Jul 2023
Listed for Rent
$380/w
29 Sep 2021
  • 28 Jul 2023
    Sold for $615,000
  • 10 Sep 2021
    Listed for Rent - Price not available
  • 24 Aug 2021
    Sold for $621,001
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About Pakenham 3810

The size of Pakenham is approximately 85.9 square kilometres. There are 124 parks, covering nearly 5.8% of the total area. The population of Pakenham in 2016 was 46421 people. By 2021 the population was 54118 showing a population growth of 16.6% in the area during that time. The predominant age group in Pakenham is 30-39 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation.In 2021, 65.00% of the homes in Pakenham were owner-occupied compared with 65.00% in 2016.

Pakenham has 27,503 properties. Over the last 5 years, Houses in Pakenham have seen a 24.02% increase in median value, while Units have seen a 26.87% increase. As at 31 May 2026:

  • The median value for Houses in Pakenham is $763,421 while the median value for Units is $554,866.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 218 properties listed for sale, and 70 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1431 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.